Sustainable Liquefied Natural Gas | LNG | Worldwide LNG Supplier - Peninsula

[Liz Seyi]

The regulation of greenhouse gas emissions in the shipping industry has been made a priority by the United Nations (UN) through the International Maritime Organization (IMO). The IMO has set targets to reduce the industry’s carbon emissions by at least 50 per cent by 2050. Meeting these targets will require ships producing substantially less carbon emissions to be on the water by 2030.
A proven approach to reach these targets is to use Liquefied Natural Gas (LNG) for as the main fuel source propulsion.
LNG has lower particulate, sulphur and nitrous emissions and produces considerably less greenhouse gas intense than traditional heavy fuel oil and marine diesel oil.
LNG infrastructures in main bunkering hubs around the world will help the shipping industry make the move to a more sustainable fuel proposition.The adoption of LNG as a bunkering fuel is expanding across the globe, with new bunkering infrastructure being built in Europe, Asia and North America.
BENEFITS OF LNG
EMISSIONS
It emits virtually no sulphur oxides (SOx) and particulate matter (PM). Compared to existing heavy marine fuel oils, LNG can emit up to 85% fewer nitrogen oxide (NOx) emissions.
BUNKERING
LNG bunkering infrastructure can be used to supply zero-carbon fuels in the form of liquefied biomethane (LBM) or liquefied synthetic methane (LSM), with little or no modification, so enabling the transition to a decarbonised shipping industry.
DECARBONISATION
LNG provides a way to meet the IMO’s decarbonisation target of a 40% decrease by 2030 for international shipping. Longer term LNG offers a decarbonisation pathway for shipping to become carbon neutral using liquefied biomethane (LBM) produced from biomass and liquefied synthetic methane, (LSM) produced from renewable electricity.
SAFETY
Over the past 50 years, more than 100,000 commercial LNG cargoes have been safely delivered and global LNG shipments have covered more than 130 million miles – about 5,000 times around the earth – without any major safety incidents in port or at sea.